FX Multitech IPO Description – FX Multitech operates as a distributor and exporter of specialized components used in the HVAC (Heating, Ventilation, and Air Conditioning) and industrial refrigeration industries. Headquartered in Ahmedabad, the company has developed a distribution network supported by warehouses in Hyderabad, Thane, Kolkata, and Bengaluru, enabling efficient supply and after-sales support across multiple industrial regions in India.
FX Multitech offers a diversified portfolio of products essential for refrigeration and air-conditioning systems. Its product range includes compressors, refrigeration and air-conditioning controls, industrial refrigeration controls, variable frequency drives, automation solutions, heat exchangers, cold room evaporators, refrigerants, and specialized tools and components. Rather than manufacturing these products internally, the company primarily acts as a distribution partner, sourcing technologically advanced equipment from globally recognized manufacturers such as Danfoss Industries, Honeywell Automation India, Testo India, Refco Manufacturing, and Transfer Oil S.P.A.
To strengthen its capabilities in the refrigeration value chain, FX Multitech acquired a 51% stake in Everestt Chillers Private Limited in January 2025. The subsidiary manufactures customised industrial chillers, glycol chillers, chilled water air conditioners, and effluent chillers. As of 31 October 2025, the company has a workforce of 45 personnel.
Promoters of FX Multitech – Mr. Subhash Agarwal, Mr. Selvaraj Rangaswamy, Mrs. Anita Agarwal, Mrs. Kanagalakshmi Selvaraj
FX Multitech IPO Details
| FX Multitech IPO Dates | Coming soon |
| FX Multitech Issue Price | Coming soon |
| Fresh Issue | 35,52,000 shares |
| Offer For Sale | 3,48,000 shares |
| Total IPO Size | 39,00,000 shares |
| Minimum Bid | Coming soon |
| Lot Size | Coming soon |
| Pre-issue Shares | 1,08,07,600 shares |
| Face Value | INR 10 per share |
| Listing On | BSE SME |
FX Multitech IPO Category Allocation
FX Multitech Financial Performance
| FY 2023* | FY 2024* | FY 2025 | Q1 FY 2026 | |
| Revenue | 98.59 | 68.52 | 102.01 | 26.63 |
| Expenses | 92.66 | 63.12 | 89.64 | 23.45 |
| Net Income | 4.58 | 4.18 | 9.55 | 2.35 |
| Margin (%) | 4.65 | 6.10 | 9.36 | 8.82 |
*All standalone data
FX Multitech Offer News
FX Multitech Valuations & Margins
| FY 2023* | FY 2024* | FY 2025 | |
| EPS | 4.24 | 3.87 | 8.84 |
| PE Ratio | – | – | – |
| Price/Book Ratio | – | – | – |
| Current Ratio | – | – | – |
| Price/Sales Ratio | – | – | – |
| RONW (%) | 36.55 | 25.00 | 36.54 |
| NAV | 11.60 | 15.46 | 24.36 |
| ROCE (%) | 30.19 | 24.54 | 32.02 |
| EBITDA (%) | 7.60 | 10.15 | 13.82 |
| Debt/Equity | – | – | – |
Evaluate the quality of an IPO using these essential investing ratios to make an informed decision.
FX Multitech IPO Anchor Investors
FX Multitech raises () from anchor investors. FX Multitech Anchor bid date is ().
| Bid Date | Coming soon |
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
FX Multitech Offer Objectives
The company proposes to utilize net proceeds from the issue towards the following objects:
- Repayment/pre-payment, in full or part, of certain borrowings availed by the company – INR 10 crore
- Investment in subsidiary, Everestt Chillers for purchase of machinery – INR 6.26 crore
- Funding of working capital requirements – INR 14.83 crore
- General corporate purposes
FX Multitech IPO GMP Today
FX Multitech IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of () shares and the anchor investor portion of () shares are not included in the above calculations.
FX Multitech IPO Allotment Status
You can check FX Multitech IPO allotment status on MUFG Intime’s website. Click on this link to get the allotment status. Often not getting IPO allotment? Learn how to improve your IPO allotment chances.
FX Multitech IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| IPO Listing Date | Coming soon |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
FX Multitech Offer Lead Manager
ONEVIEW CORPORATE ADVISORS PRIVATE LIMITED
Bajaj Bhawan, Room No. 111, 11th Floor,
Nariman Point, Mumbai – 400021
Phone: +91- 22- 43472247
Email: [email protected]
Website: www.oneviewadvisors.com
FX Multitech Offer Registrar
MUFG INTIME (LINK INTIME) INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
FX MULTITECH LIMITED
C907,908 Titanium Square, Thaltej Cross Road,
SG Highway, Ahmedabad, Gujarat, India -380054.
Phone: 079-48925548
E-mail: [email protected]
Website: www.fxmultitech.com
IPO Resources
What is the FX Multitech offer size?
FX Multitech offer size is INR NA crores.
What is the FX Multitech offer price band?
FX Multitech public offer price is INR NA per share.
What is the lot size of the FX Multitech IPO?
FX Multitech offer lot size is NA shares.
What is the FX Multitech IPO GMP today?
FX Multitech IPO GMP today is INR NA per share.
What is the FX Multitech kostak rate today?
FX Multitech kostak rate today is INR NA per application.
What is the FX Multitech IPO Subject to Sauda rate today?
FX Multitech Subject to Sauda rate today is INR NA per application.
Krishna comes from a family of investors and financial analysts, She learnt wading through regulatory filings pretty early in her career. She has several years of experience in financial and industry analysis under her belt. At IPO Central, Krishna plays twin roles of Contributor and Head of research desk.
